Good reverse splits also occur for junior companies uplisting for the first time. Lots of Reverse splits do work out well for share holders, it just takes several years usually at least 3 to get into the positive after the stock usually retraces post split. Good reverse splits are usually not venture stocks but those like Citi who experience a severe downturn but have solid business, maybe need to make some management changes. The optics are bad, very bad, but they are not 100%. And since I think the tech is real I cling to hope. However ifbi was trading this thing I would be selling monday (people always complain about all they buying oportunities and no selling oportunities) and if we do split I would sell there also. But I dont have a trading position right now, just long and very in the money so hopefully we dont get to my cost average or most holders (my aplogies to the new holders)
Bcd
